Hi Elizabeth: Leawood is a modular home development. I personally don't care for the integrity of the craftsmanship. While I prefer CBS (Concrete Block and Stucco) construction, the termites in Florida don't discriminate: they eat both wood and concrete. They are called Formosa termites. As Florida doesn't experience the cold, freezing weather that helps to kill termites, a lot of people opt for the CBS type of construction. Call me or email me, I will gladly help you find a perfect location in a perfect neighborhood.
Hi Elizabeth,
TThe reason for these homes on Leewood lakes to be inexpensive can be attribute to the construction of the home. All the homes in leawood are of Modular Construction. Buyers in this market and in Florida prefer to buy homes that are Concrete Built. (CBS Built)
Best regards
Raymond Cabral, GRI
John r wood, Realtors
239-293-8571
Hi Elizabeth
The properties are cheap. Wood frame houses are very difficult to sell her for two reasons, one is the confidence level people have with wood structures in hurricanes and the second is that this is a sub tropical climate we have termites and a great deal of moisture which attracts the termites. Does not create a good environment for a wood frame home. There are plenty of deals available that you don't have to get involved with Leawood. I hope this was some help for you
Skip Caron Realtor
bcaron@kw.com
Hi Elizabeth
Here are some recent sales in Leawood Lakes from my website at
http://www.napleshomepage.com/recent_sales_menu.htm
The first figure is the Price Sold, the second the Original Price & then the date sold.
If you look at 2007 sales, they weren't always 'cheap', but have now dropped in price, having adjusted to the market.
$99,000 $104,900 6/11/2008
$130,000 $144,000 5/1/2008
$170,000 $170,000 3/15/2008
$202,500 $210,000 2/15/2008
$222,000 $282,000 1/24/2008
$266,900 $266,900 8/21/2007
$227,000 $229,900 7/13/2007
$268,000 $295,000 4/27/2007
$250,000 $280,000 4/17/2007
$284,000 $315,000 3/29/2007
$280,000 $310,000 1/18/2007
Also use the above link to locate the graph for Leawood Lakes showing price trends there.
Call if you need help on any Naples area purchases or sales.
Thank you,
Graham Ginsberg
Toll Free (888) 222-2575 ~ Cell (239) 404-4221 ~ Fax (239)455-6595
Website: http://www.NaplesHomePage.com
REALTOR with SUN REALTY
As Jesse said the houses are wood frame and built during the peak time - however the additional underlying reasons are - the homes are modular in construction, therefore, lenders classify the homes as manufactured and the loan terms are not as favorable and the homeowners insurance premiums tend to be higher as well.
The higher costs of carrying the homes have caused a number of people not being able to afford the costs of ownership.
The houses are wood frame and were built during the peak time........other than that......?
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